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Cronos rolls back activity after a DeFi exploit totaling $111 million

Cronos said $9.2 million still has not been recovered, even after reversing transactions tied to the attack and some legitimate activity.

Reported · Written up by our desk · Market Structure

Cronos said it reversed blockchain activity tied to a DeFi exploit that reached $111 million, using a rollback that also undid some legitimate transactions, according to Decrypt.

The outlet reported that Cronos estimated $9.19 million remains unrecovered after the rollback, leaving part of the stolen value still outstanding.

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